Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam - 2022

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam (CIF) - 2022
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam (FOB) - 2022
3. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam
4. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam (CIF) - 2022

The average import price for vinyl chloride polymers; waste, parings and scraps stood at $527 per ton in 2022, growing by 5.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $569 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($527 per ton) and Japan ($527 per ton), while the price for Taiwan (Chinese) ($527 per ton) and China ($527 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $707 per ton, rising by 21% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl chloride polymers; waste, parings and scraps increased by +80.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 48% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($707 per ton), while the average price for exports to Taiwan (Chinese) totaled $707 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam

Imports of vinyl chloride polymers; waste, parings and scraps into Vietnam surged to 1.2K tons in 2022, growing by 119% compared with 2021 figures. Over the period under review, imports, however, recorded a deep downturn.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps surged to $612K in 2022. Overall, imports, however, continue to indicate a deep slump.

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Vietnam in 2022:

1. Japan (447.9 tons)
2. South Korea (285.8 tons)
3. China (95.9 tons)
4. Taiwan (Chinese) (86.3 tons)
5. Hong Kong SAR (84.3 tons)
6. Malaysia (54.3 tons)
7. Mexico (48.0 tons)

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Vietnam

In 2022, the amount of vinyl chloride polymers; waste, parings and scraps exported from Vietnam surged to 527 tons, picking up by 44% on the previous year's figure. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 89%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps skyrocketed to $373K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Vietnam in 2022:

1. Tanzania (523.2 tons)
2. Taiwan (Chinese) (3.7 tons)

Source: IndexBox Market Intelligence Platform